Stock picks to buy: 2 disruptive software firms set to lead industry

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States News News

Chris Armbruster co-manages a growth fund that's outperformed 96% of its peers over the last 5 years. He details 2 disruptive software stock picks with 'mission critical' importance to their clients, including the major banks adopting them.

But Armbruster is certainly in it for the long-haul when he steps into a stock. Because of this, he and Foreman look to identify the long-term trends in business and society that will drive returns — and then bet that they will.

So what is Armbruster betting on now, especially as we approach a post-COVID economy? Perhaps surprisingly to some, he's still bullish on the same trends that have driven gains during the pandemic: cloud computing, digitization of IT infrastructure, and digitization of customer interface. "Software businesses just in general really lend themselves to being high quality businesses," Armbruster told Insider on Monday.

"I think what's important is the traction they're getting," he said."Once you start to get reference customers, other banks start to trust you as a vendor."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her lisaMakT Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GameStop stock surge could be upending the stock market, Fundstrat saysThis week's GameStop surge could be upending the stock market as it leads hedge funds to reduce leverage, Fundstrat's Tom Lee says
Source: BusinessInsider - 🏆 729. / 51 Read more »